According to the latest report by IMARC Group, titled “India Coconut Water and Fortified Water Market Size, Share, Industry Trends, Growth, Opportunity and Forecast 2022-2027“, the India coconut water and fortified water market reached a value of INR 4,474.30 Crore in 2021. Looking forward, IMARC Group expects the market to reach INR 9,022.50 Crore by 2027, exhibiting at a CAGR of 12.60% during 2022-2027.
Coconut water refers to a clear liquid present inside immature green coconuts with a sweet, nutty, and refreshing taste. It is naturally rich in electrolytes and essential nutrients, such as potassium, magnesium, calcium, and antioxidants. It is low in calories and helps prevent or treat dehydration. On the other hand, fortified water is a refreshing functional beverage that contains high amounts of protein, amino acids, healthy fats, iron, vitamins, minerals, zinc, and bioactive compounds. Over the years, coconut water and fortified water have gained immense popularity across the country due to their anticarcinogenic, antiaging, and antithrombic properties.
|Base Year: 2021|
|Forecast Year: 2022-2027|
India Coconut Water and Fortified Water Market Trends and Drivers:
The growing consumer health consciousness among the masses in India due to the rising incidences of chronic conditions, such as diabetes and obesity, represents the primary factor driving the market. Additionally, the increasing awareness about the health benefits and the onset of coronavirus disease (COVID-19) have augmented the product demand.
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Furthermore, several key players are launching organic product variants made using natural ingredients without any chemical additives, preservatives, and artificial colors. Along with this, the shifting consumer inclination toward healthy, packaged, and ready-to-drink (RTD) beverages for on-the-go consumption has accelerated the product adoption rate.
Other factors, including the emerging trend of naturopathy, growing utilization of coconut water mix and concentrates in various innovative dishes aggressive promotional strategies, and easy product availability, are also anticipated to catalyze the market growth.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
India Coconut Water and Fortified Water Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Agricoles Naturel Foods, Dabur India Limited, Hector Beverages Pvt. Ltd., Jain Agro Food Products Pvt. Ltd., Madhura Agro Process Pvt. Ltd., Manpasand Beverages Limited, Nature’s First India Pvt. Ltd., Nilgai Foods Pvt. Ltd., Pure Tropic, RAW Pressery, Sakthi Coco Products, Coca-Cola India, FDC Private Limited, G7 Beverages, Hector Beverages Pvt. Ltd., NourishCo Beverages Limited and Pepsico India.
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The report has segmented the market on the basis of region, market type, pack type, pack size and distribution channel.
Breakup by Market Type:
Breakup by Pack Type:
Breakup by Pack Size:
- 200 ML
- 1000 ML
- 500 ML
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Stores
- Specialty Stores
Breakup by Region:
- North India
- Delhi NCR
- Uttar Pradesh
- West and Central India
- Madhya Pradesh
- East India
- West Bengal
- South India
- Tamil Naidu
- Andhra Pradesh
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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